Today in the News: Facebook pays $19B for messaging service

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Oakridger - Oak Ridge, TN

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Posted Feb. 20, 2014 at 8:00 PM

Posted Feb. 20, 2014 at 8:00 PM

Hot video: Facebook bets big that chat is future of mobile

Facebook is placing a $19 billion bet on reaching its next billion mobile users with the acquisition of WhatsApp, a popular messaging service that lets people send texts, photos and videos on their smartphones.

"I clutched my camera and ran down the stairs. Little did I know then that I was about to see even more misery in what would turn out to be the worst day I've seen since arriving in Kiev." - CNN cameraman Todd Baxter, talking about the violence in Ukraine.